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Brent Above $113 as U.S. Weighs Military Options in Iraq

Brent crude rose to a nine-month high as the U.S. weighed military options against Islamic militants in Iraq.

Brent for August settlement added 51 cents, or 0.5 percent, to $113.45 a barrel on the ICE Futures Europe exchange, the highest closing price for a front-month contract since Sept. 9.